
FDIC Rescinds 2024 Merger Guidelines; House Votes to Repeal OCC Rule Under CRA
On May 20, federal merger policy took a sharp turn as the FDIC voted to rescind its 2024 merger guidelines, and the U.S. House passed a Congressional Review Act (CRA) resolution to repeal the OCC’s 2024 merger rule. The FDIC’s now-rescinded guidelines …